On Friday, the online retail store Bitcoin Movement, launched a limited edition streetwear line featuring a blockchain-backed system of "Proof of authenticity."
The 300-item collection, which was designed with input from British entrepreneur and rapper Zuby, consists of 50 hoodies, 125 Hats, and 125 T-Shirts, all bearing the logo '21 Million,' representing the maximum amount of Bitcoins that will ever be mined.
Each piece in the collection, which is titled "Take the Power Back," contains an near-field communication chip linked to the VeChain blockchain.
Through a mobile application provided by the Bitcoin Movement, customers can scan a sticker attached to the garment, and the application will retrieve product information from VeChain in real-time.
If the product is authentic, the application will display the message "100% Genuine Verified".
The app will display the specific version number of the garment and the unique transaction ID linking it to the blockchain.
Founder of The Bitcoin Movement, Daryl Kelly commented, "I wanted our first blockchain limited edition collection to be truly representative of the philosophy of Bitcoin. Embodying the attributes that have made it so disruptive, successful, and attractive to those who seek truth and transparency. VeChain's industry-leading public blockchain technology perfectly fits our movement."
This collaboration isn't the only instance of limited release fashion relying on blockchain technology to deter knock-offs.
Recently, fashion makers around the world have begun to adopt blockchain technology in the field of supply chains or in the field of product authenticity verification.
On September 3, Fashion House Alexander McQueen, launched a new blockchain-powered label that enables both designers and consumers to securely register and trade clothing.
Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby
gepubliceerd op Nov 15, 2020
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.